The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 115.120000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 111.230000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 115.120000000 |
| Current Price | 112.760000000 |
| Next Low | 111.230000000 |
| 2nd Low | 109.500000000 |
| 3rd Low | 108.710000000 |
115.120000000 – 113.500000000 – 113.000000000 – 111.230000000 – 109.500000000 – 108.710000000 — 56.531002454134 – 59.926709715659
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –